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Henry Sweet currently makes 6" candy sticks that it sells for $.20 each.Henry can make 12" candy sticks out of two 6" candy sticks by melting them together,which costs an additional $.03 per 12" stick.Henry can sell the 12" sticks for $.45.Henry has enough capacity to make 10,000 6" candy sticks per month,and enough demand to sell all the candy sticks it can manufacture,whether 6" or 12".Should Henry sell 6" or 12" candy sticks,and how much additional profit will their decision bring in per month?
Fund Financial Statements
Financial reports that focus on the assets, liabilities, revenues, and expenses of governmental funds, proprietary funds, or fiduciary activities managed by a government or nonprofit organization.
Purchase Order
A commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
Consumption Method
An accounting practice that records the cost of goods sold at the time they are consumed or sold, as opposed to when they are purchased.
Office Supplies
Items needed for the daily operations of a business, such as pens, paper, and staplers.
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